02-28-2018, 02:41 PM
I've leased two cars while living here, one in 1999 and the other in 2002 which I now own. Both were from Ford. I can't tell you if you'll get a better deal, but leasing is just like financing a new car in that you pay a monthly fee. After the lease is over you have three options: simply give the car back to the dealer and walk away, lease it again or buy it. They'll give you the buying price for when the lease is over when you first lease the car.
There are risks. If you return it with damage which is more than wear and tear, you likely have to pay for the damage. Again, the amount of damage is specified in the lease agreement. Tiny dings and scratches are usually ignored. If you write the car off in a crash, you still have to pay off the lease.
After my first lease, I got a good deal from Ford to lease another car which I did and then bought it after it was over. It worked out well for me but can't say if it would suit you. One other thing to remember - you can negotiate leases just like buying a car, and if you drive less than 12,000 miles a year, you can usually get a cheaper low mileage agreement.
There are risks. If you return it with damage which is more than wear and tear, you likely have to pay for the damage. Again, the amount of damage is specified in the lease agreement. Tiny dings and scratches are usually ignored. If you write the car off in a crash, you still have to pay off the lease.
After my first lease, I got a good deal from Ford to lease another car which I did and then bought it after it was over. It worked out well for me but can't say if it would suit you. One other thing to remember - you can negotiate leases just like buying a car, and if you drive less than 12,000 miles a year, you can usually get a cheaper low mileage agreement.